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Stock impact report

Con Edison Reports 2018 Second Quarter Earnings

Consolidated Edison, Inc. (ED) 
Last consolidated edison, inc. earnings: 2/20 04:55 pm Check Earnings Report
Company Research Source: GlobeNewswire
NEW YORK, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2018 second quarter net income of $188 million or $0.60 a share compared with $175 million or $0.57 a share in 2017. Adjusted earnings, which exclude the effects of a gain on the sale of a solar electric production project in 2017 and the net mark-to-market effects of Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses), were $189 million or $0.61 a share in 2018 compared with $178 million or $0.58 a share in 2017. For the first six months of 2018, net income was $616 million or $1.98 a share compared with $563 million or $1.84 a share in the first six months of 2017.  Adjusted earnings, which exclude the effects of a gain on the sale of a solar electric production project in 2017 and the net mark-to-market effects of the Clean Energy Businesses, were $617 million or $1.99 a share in 2018 compared with $565 million or $1.85 a share in 2017. “Following the Show less Read more
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